Debt Collection & Bankruptcy News Roundup, Week of March 7th, 2011

Debt collection and bankruptcy news has been piling up in my queue, and since I can’t hope to give each post the attention it deserves, here is a grand roundup.

It should be no surprise that a bad economy leads to increased bankruptcy filings, but the economy’s health and bankruptcy filing rates are not inextricably linked. Bankruptcy filings have a lot more to do with debt. And since banks weren’t lending to consumers 2–3 years ago, it makes sense that bankruptcy filings are decreasing. [Credit Slips]

Sam Glover is a lawyer and the founder and Editor in Chief of Lawyerist.com. He also works with lawyers on motion practice and appeals, and is President of the board of directors of HOME Line, a nonprofit Minnesota tenant advocacy organization.